Head to head

AMarkets vs Axi

AMarkets has no licence we could confirm on a regulator's register. Axi is licensed by ASIC in Australia; FCA in the United Kingdom; CySEC in the European Union and DFSA in Dubai (DIFC), UAE. The licence that applies to you depends on where you live, so check which company you would contract with before comparing anything else.

Minimum deposits start at $100 at AMarkets and $0 at Axi. Only AMarkets offers negative balance protection. Only Axi offers segregated client money.

Facts last checked: AMarkets on 20 October 2026, Axi on 20 October 2026.

Broker 1
Broker 2
Broker 3

Monthly cost uses the account chosen in each slot: cost per lot × your lots. Swap and other fees are extra. The lowest monthly cost is highlighted only as a fact about cost, not as a recommendation.

Comparing
AMarkets
AxiAustralia

Overview

Founded
2007
2007
Headquarters
Not yet checked
Sydney, Australia
Official websites
  • amarkets.com
  • amarkets.org
  • axi.com
  • axi-solaris.com
Facts last checked
20 October 2026
20 October 2026

Regulation and protection

Company you would contract with
No licence listed
AxiCorp Financial Services Pty Ltd
No licence listed
ASIC
Australia
Regulation level
No licence listed
Strictly regulated
Licence number
No licence listed
Clients this company serves
No licence listed
Australian residents
All licences held
None listed
  • ASIC (Australia)
  • FCA (United Kingdom)
  • CySEC (European Union)
  • DFSA (Dubai (DIFC), UAE)
None
FSCS up to £85,000 (UK); ICF up to €20,000 (Cyprus); none for the St Vincent company

Costs

Your monthly cost
No accounts listed
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No accounts listed
Typical GBP/USD spread
Not yet checked
Not yet checked
Typical USD/JPY spread
Not yet checked
Not yet checked
Typical XAU/USD spread
Not yet checked
Not yet checked

Leverage and margin

Up to 1:3000
1:30 on major pairs (UK, EU, Australia); up to 1:1000 at the St Vincent company
Retail leverage by asset class
  • All account types: Up to 1:3000, depending on instrument
  • Major currency pairs (UK: 1:30
  • Currency pairs (St Vincent company): up to 1:1000
Not yet checked
Not yet checked
Stop-out level
20% on Standard; 40% on ECN and Zero
20% (liquidation level, St Vincent company)

Account

Minimum deposit (this account)
No accounts listed
No accounts listed
No accounts listed
No accounts listed
No accounts listed
No accounts listed

Platforms and features

Platforms
  • MetaTrader 4
  • MetaTrader 5
  • AMarkets app
  • Web trader
  • Axi Trading Platform
  • MetaTrader 4
  • MetaTrader 5
Markets
44 currency pairs, metals, indices, commodities, cryptocurrencies, about 400 shares and 19 ETFs (CFDs)
Forex, metals, commodities, indices, share CFDs, crypto CFDs and perpetual futures CFDs
Copy trading
Yes
Not yet checked
Expert advisors (automated trading)
Yes
Yes
News trading allowed
Not yet checked
Not yet checked
Guaranteed stops
Not yet checked
Not yet checked

Deposits and withdrawals

Deposit methods
  • Bank transfer
  • Debit or credit card
  • E-wallet
  • Local payment methods
  • Bank transfer
  • Debit or credit card
Withdrawal fee
AMarkets says deposits carry no fee; withdrawals go back to the account or card you paid from
Free above US$50 or for the full balance; otherwise an administration fee of US$25 may apply (St Vincent company)
Inactivity fee
Not yet checked
10 a month in USD, EUR, GBP and most other account currencies after 12 months without trading (St Vincent company)

Support

Customer support
Not yet checked
Not yet checked

Our notes

Strengths
  • Three account types with negative balance protection on each
  • Commission-free Standard account; ECN and Zero accounts for raw spreads
  • MetaTrader 4 and 5, its own app and a copy-trading service
  • Licensed by ASIC, the FCA and CySEC, all strict regulators
  • Published commissions per currency on the Premium account (for example $4.50 or €4.00 per standard contract)
  • Bank transfers and payments under US$50,000 a month are free to deposit
Watch out for
  • Says AMarkets LTD holds Mwali International Services Authority (MISA) licence T2023284; we could not confirm it on MISA's register on 2026-10-20, because the register sits behind a bot check
  • Its other companies are registrations in the Cook Islands and St Vincent and the Grenadines, not financial licences
  • No licence from a strict regulator; not available in the UK, EU, EEA or US
  • Leverage up to 1:3000 on every account
  • International clients join AxiTrader LLC, a St Vincent and the Grenadines company (4303 LLC 2025) that is registered, not licensed; its risk warning says you can lose substantially more than your initial investment.
  • Axi publishes minimum spreads only, not typical spreads
  • The St Vincent company charges a monthly inactivity fee after 12 months and may charge US$25 for withdrawals under US$50
  • The FSCA's OTC derivative provider list shows AxiCorp Financial Services Pty Ltd's application as Withdrawn, so Axi has no South African licence we could confirm.

Risk warnings

The buttons to a broker’s website above the table are partner links: we may earn a commission if you open an account through them. That never changes the facts shown here. Trading leveraged products such as forex and CFDs carries a high risk of losing money rapidly, and most retail accounts lose money. Each broker’s own warning:

  • Axi: Over-the-counter derivatives are complex instruments and come with a high risk of losing substantially more than your initial investment rapidly due to leverage. You should consider whether you understand how over-the-counter derivatives work and whether you can afford to take the high level of risk to your capital.

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Cost per lot is the typical EUR/USD spread in busy hours × $10, plus any round-turn commission, for one standard lot. “Not yet checked” means we have not confirmed that fact yet. This page compares facts; it does not rank the brokers or recommend either. Confirm costs and licences on each broker’s site and the regulator’s public register before opening an account: see how we review brokers and check a broker yourself.

Nothing on this page is financial advice. Read the full disclaimer.

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